Grant Prior 1 week ago
South London residential contractor Henley Construct has filed a notice of intention to appoint an administrator.
Worried suppliers have been watching the company closely since its sister firm went into liquidation earlier this month.
Intelligent Steel Solutions went down owing suppliers £1.4m while a report from 360 Insolvency said the firm “relied to a large extent on supplying structural steel for projects being conducted by Henley Construct Limited.”
Henley Construct – which had a turnover of £21m in 2021 – and Intelligent Steel Solutions share the same directors – Kashif Zafir Usmani and Tariq Zafir Usmani.
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